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CNH has approved PEMEX’s development plans for 10 fields, which total US$10.5 billion in investments. Last Wednesday, CNH approved PEMEX’s plans to develop the shallow water Octli field through an investment of US$330.5 million to take the field from drilling to decommissioning by 2039.

This is the tenth early production field development plan […]

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This week the oil industry faced a mixed bag. While Russian and Mexican entrepreneurs pledge investment in Mexico’s energy sector, the country continues to experience drops in production and fuel continues to be stolen. Meanwhile, CFE is evaluating the transfer of its pipelines to CENAGAs and investigations are underway in LPG theft.

In Latin America, […]

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